By Sheri Kasprzak
New York, Jan. 25 – The Indiana Bond Bank offered $73.42 million of series 2016A advance funding program notes, according to a pricing sheet.
The notes (/SP-1/) were sold through senior manager J.P. Morgan Securities LLC.
The notes are due Jan. 4, 2017 and have a 2% coupon priced at 101.299 to yield 0.60%.
Proceeds will be used to make loans to qualified government entities.
| Issuer: | Indiana Bond Bank
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| Issue: | Series 2016A advance funding program notes
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| Amount: | $73.42 million
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| Maturity: | Jan. 4, 2017
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| Coupon: | 2%
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| Price: | 101.299
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| Yield | 0.60%
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| Type: | Negotiated
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| Underwriter: | J.P. Morgan Securities LLC (lead)
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| Rating: | Standard & Poor’s: SP-1
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| Pricing date: | Jan. 21
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| Settlement date: | Jan. 28
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